The Abu Dhabi-headquartered Lulu Group with wide ranging business interests but better known for its mega malls and hypermarkets as part of foray into Telangana is readying its first mall in Hyderabad and giving shape to around ₹3,500 crore investment plans across sectors, in the State, over next five years.
A destination mall, logistics hub as well as food, meat and fish processing facilities are facilities it intends to set up, Chairman M.A. Yusuff Ali said in the presence of Telangana Industries and IT Minister K.T.Rama Rao and senior officials here on Monday, June 26, 2023.
“We will starting a 100% export [oriented] food processing unit [dealing in] fruits, vegetables, millets, pulses and spices,” he said, highlighting how such facilities were key to ensuring supplies to the more than 250 hypermarkets of the Group in 22 countries.
